92nd General Assembly
Status of SB2233
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 Full Text  Bill Summary

   New Act                                                                     

        Creates the Illinois Farm Products Economic Development Act.           
   Provides that the Director of Agriculture shall make cash payments to       
   Illinois grain processors that use corn to make ethyl alcohol and           
   other products. Sets the amount of payment at 30 cents per bushel for       
   each bushel used in a grain-processing center that began production         
   after January 1, 2003. Provides that payments may be made only during       
   the first 5 years of operation. Establishes a claims procedure and          
   requires  audits  of  the  claims  made.   Requires  the Department of      
   Agriculture to promulgate emergency and permanent rules  to  implement      
   the  Act.   Provides  that  the Act is repealed on January 1, 2012, at      
   which time the remaining  unobligated  balance  shall  revert  to  the      
   General Revenue Fund.  Makes other provisions.  Effective immediately.      
   FEB-07-2002  S  FIRST READING                                                  
   FEB-07-2002  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   JAN-07-2003  S  SESSION SINE DIE                                               


 Full Text  Bill Summary